News Non-Life15 Nov 2018

India:Biggest Belgian insurer reaches $210m deal for 40% of non-life company

| 15 Nov 2018

Belgian multinational insurance company Ageas yesterday announced that it has signed an agreement to acquire 40% of the share capital of Indian non-life insurer Royal Sundaram General Insurance (RSGI) for a total consideration of INR15.2bn, which is equivalent to EUR186m ($210m).

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